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Comerica Inc CMA Stock Quote

| Rating as of

NYSE: CMA

Last close prices updated as of Feb 06, 2023, 7:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 75.3
  • Sector Financial Services
  • Industry Banks - Regional
  • Investment Style Mid Blend
  • Day Range 74.49  –  75.47
  • Year Range 62.83  –  102.09
  • Market Cap 9.8618 Bil
  • Volume / Avg 1.2 Mil /  1.4 Mil
  • Price / Sales 2.82
  • Price / Book 2.06
  • Forward Div Yield 3.61%
  • Trailing Div Yield 3.61%

Morningstar‘s Stock Analysis CMA

Valuation
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1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

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Capital Allocation

INVESTOR

Q4 Results Come in as Expected for Comerica, Even as Deposit Costs Shoot Higher

Eric Compton Strategist

Analyst Note

| Eric Compton |

Narrow-moat-rated Comerica reported fourth-quarter earnings per share of $2.58, roughly in line with the FactSet consensus of $2.55 and a bit below our own estimate of $2.78. Top-line revenue came in at $1,020 million, in line with both consensus and our own estimate, while expenses of $541 million essentially matched our own estimate of $539 million. As such, this quarter largely turned out as expected.

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Key Statistics CMA

Company Profile CMA

Business Description

Comerica is a financial services company headquartered in Dallas. It is primarily focused on relationship-based commercial banking. In addition to Texas, Comerica's other primary geographies are California and Michigan, with locations also in Arizona and Florida and select businesses operating in several other states as well as Canada.

Contact
1717 Main Street, Comerica Bank Tower, MC 6404
Dallas, TX, 75201
Industry Banks - Regional
Employees 7,611

Related Articles CMA

FAQs for Comerica Inc Stock

Yes. CMA has a forward dividend yield of 3.61%. See CMA’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

CMA’s market cap is 9.86 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

CMA’s stock style is Mid Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

CMA’s price/sales is 2.82.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

CMA’s price/forward earnings is 7.56.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

CMA’s price/book is 2.06.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See CMA’s valuation ratios compared to the Market Index.

CMA’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare CMA’s historical performance against its industry peers and the overall market.